Spotify Closes Above $400 for the First Time, Pushing Valuation Past $80 Billion
#image_title

Spotify Closes Above $400 for the First Time, Pushing Valuation Past $80 Billion


Share this post

Spotify’s stock price has been on a promising upswing, with analysts setting ambitious targets as shares edge near $400. The last time SPOT approached this mark was in early 2021, fueled by high-profile content deals, but concerns over profitability and market pressures pulled it down to the $70s in 2022. Under CEO Daniel Ek’s direction, Spotify shifted focus to profitability, cutting unnecessary expenditures. Analysts are optimistic, with targets ranging up to $490 from firms like Morgan Stanley and Deutsche Bank, driven by projected subscriber growth, podcasting, and ad revenue.


Share this post
Comments

Be the first to know

Join our community and get notified about upcoming stories

Subscribing...
You've been subscribed!
Something went wrong
2026 Oscar Nominations: Watch Live and See the Full List of Nominees for the 98th Academy Awards

2026 Oscar Nominations: Watch Live and See the Full List of Nominees for the 98th Academy Awards

The nominees for the 2026 Academy Awards are set to be announced on Thursday morning in Los Angeles, where some of Hollywood’s biggest stars and brightest newcomers are expected to vie for Oscars this year. The announcement event will air live on ABC, Hulu and Disney+, and will be livestreamed on the Academy’s TikTok, YouTube, Instagram and Facebook pages, as well as Oscar.comand Oscars.org beginning at 8:30 a.m. ET/5:30 a.m. PT. The nominations will be revealed by actors Danielle Brooks and Le


O A

LeBron James left out of All-Star starters selection for first time since 2003 - 04

LeBron James left out of All-Star starters selection for first time since 2003 - 04

Los Angeles Lakers' LeBron James has been left out of an NBA All-Star game for the first since 2004, ending a record 21-year run as a starter.  James missed the 2025 NBA All-Star game due to foot and ankle injuries, marking the first time he had been selected but did not play at the event. Monday saw James left out, however, as the NBA revealed the 10 players voted in as starters. A fan vote accounted for 50 per cent to determine the 2026 starters, while a further 25 per cent came via votes f


O A

JD and Usha Vance Announce They’re Expecting Baby No. 4

JD and Usha Vance Announce They’re Expecting Baby No. 4

Second lady Usha Vance and Vice President JD Vance are expecting their fourth child, a baby boy due in late July 2026, adding one more kid to a household that already includes Ewan, Vivek, and Mirabel. The news dropped Jan. 20 via a short social post from Usha saying their “family is growing,” followed by confirmation from the vice president’s office and outlets like NBC News in a piece titled “JD Vance and wife Usha Vance announce they’re expecting their fourth child”. Coverage has zeroed in o


B P

Kai Cenat’s Vivet: Turning ‘I Quit’ Into a Fashion Era

Kai Cenat’s Vivet: Turning ‘I Quit’ Into a Fashion Era

Streamer Kai Cenat is using his new clothing brand Vivet as a public reset button, turning a burnout story into a fashion narrative instead of another throwaway merch drop. He introduces the label through a 23‑minute short film titled I Quit, a cinematic YouTube piece that initially sparked retirement rumors before revealing itself as a pivot into design. The film centers on Cenat stepping back from nonstop streaming to ask what kind of work he wants to “live forever,” setting up Vivet as that l


B P